Life Insurance Resource Center

The Purpose Of Life Insurance

Your need for life insurance will vary with your age and responsibilities.
The amount of insurance you buy should depend on the standard of living
you wish to assure your dependents. You should consider the amount of
assets and sources of income available to your dependents when you pass
away. Social security benefits, available cash and other sources of
income and investments may not provide the standard of living you have
in mind. Life insurance helps bridge the gap between the financial needs
of your dependents and the amount available from other sources, is the
amount to be provided by life insurance. Your agent or other financial
advisor can help you with these calculations. The Internet, as well
as many financial magazines, books and articles are available to help
you as well.